A. A reinsurance intermediary shall be subject to examination by the superintendent. The superintendent shall have access to all books, bank accounts and records of the reinsurance intermediary in a form usable to the superintendent.
B. A reinsurance intermediary-manager may be examined as if it were the reinsurer.
History: 1978 Comp., § 59A-12D-10, enacted by Laws 1993, ch. 320, § 51.
Structure New Mexico Statutes
Article 12D - Reinsurance Intermediaries
Section 59A-12D-1 - Short title.
Section 59A-12D-2 - Definitions.
Section 59A-12D-3 - Licensure.
Section 59A-12D-4 - Required contract provisions; reinsurance intermediary-brokers.
Section 59A-12D-5 - Books and records; reinsurance intermediary-brokers.
Section 59A-12D-6 - Duties of insurers utilizing the services of a reinsurance intermediary-broker.
Section 59A-12D-7 - Required contract provisions; reinsurance intermediary-managers.
Section 59A-12D-8 - Prohibited acts.
Section 59A-12D-10 - Examination authority.